U.S. Energy Efficient HVAC Market to Top $8 Billion by 2015
The U.S. Energy Efficient residential heating, ventilation and air conditioning (HVAC) market is projected to grow from $5.38 billion in 2010 to $8.15 billion in 2015, according to the latest issue of EL Insights. This represents a compound annual growth rate of 8.6% during this time period.
Often cited as the most practical way to reduce energy usage and reduce carbon emissions, energy efficiency has received increased attention over recent years from policymakers and business leaders. Because buildings account for about one-fifth of the world’s delivered energy demand, efforts to foster energy efficiency have focused on improving the use of power in residential and commercial spaces. In particular, improving the efficiency of HVAC systems has become a vital part of a larger effort to improve energy efficiency across the world.
This is a preview of EL Insights Subscription Content.
Delivered two times a month, every issue of EL Insights is developed to help businesses understand the implications of an emerging energy, environmental or sustainability technology, to inspire innovation within companies, and to provide executives with timely data, charts and market insights.
For industry insiders needing to stay informed, EL Insights is the one subscription that delivers opportunity-focused, actionable insights that are both engaging and accessible.
Subscribe to EL Insights here.
If you’re already a subscriber to ELInsights, you can download the current issue here.
Energy Manager News
- PACE Financing Makes Progress but Still Encounters Opposition
- Grand View: Datacenter Cooling Market Worth $17.78B by 2024
- Idaho Opens First Solar Farm
- What You Need To Know About Green Insulation: Green Seal’s New Standard
- Obama Administration to Provide Up to $4.5 billion in Loan Guarantees for Electric Charging Stations
- Minnesota PUC Approves New Rate Structure, Size Cap for Solar Gardens
- Maine PUC Endorses Natural Gas Pipeline Expansion at Expense of Ratepayers
- Geothermal Heating and Cooling is Worth Another Look